TradeWithChannels

Exide Ind EtStockReco

Long
NSE:EXIDEIND   EXIDE INDUSTRIES
Anand Rathi: Buy target 190
Buy when a bullish reversal bar closing near its high is formed a the trend line . Keep the low of this bar as the SL. Target Trend channel line.
Trade closed: target reached: The channel is tight. I would prefer closing my trades and sitting till the price action screams "Re-Enter"

Comments

It's touched the upper trend line, what next
Reply
@niftyji, my reply was retracted by TView.
Coming to the trade:
My View: Exit ( Achieved close to 2.5% in a day. No shocks. Clean Move)
Other Option:
Book Partially and Trail SL--Where to put SL? 158.7 Why? Hourly 21 Ema. What would be the new target? Can't say. Inexperienced.

Would love to hear your view.
Reply
niftyji TradeWithChannels
@TradeWithChannels, Thanks for your reply.
Reply
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